BlackLine (BL) CEO Ryan Owen receives 150,470 RSU stock grant, total holdings 404,101 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ryan Owen reported acquisition or exercise transactions in this Form 4 filing.
BLACKLINE, INC. Chief Executive Officer Ryan Owen received an equity grant of 150,470 shares of common stock in the form of Restricted Stock Units (RSUs) at a stated price of $0.00 per share. Following this award, his directly held common stock position increased to 404,101 shares.
According to the award terms, 25% of the RSUs will vest on the one-year anniversary of February 20, 2026, and the remaining units will vest in equal 1/16th installments every three months thereafter on the same calendar day, subject to his continued service through each vesting date. This filing reflects a compensation-related grant, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ryan Owen
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 150,470 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 404,101 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 150,470 shares
Grant price: $0.00 per share
Holdings after grant: 404,101 shares
+3 more
6 metrics
RSU grant size
150,470 shares
Restricted Stock Units granted to CEO Ryan Owen
Grant price
$0.00 per share
Stated transaction price for RSU award
Holdings after grant
404,101 shares
Total common stock directly held by CEO after transaction
Initial vesting portion
25% of RSUs
Vests on one-year anniversary of February 20, 2026
Ongoing vesting schedule
1/16th every three months
Remaining RSUs vest quarterly after initial cliff
Vesting commencement date
February 20, 2026
RSU Vesting Commencement Date referenced in footnote
Key Terms
Restricted Stock Unit ("RSU"), vest, RSU Vesting Commencement Date
3 terms
Restricted Stock Unit ("RSU") financial
"Each share is represented by a Restricted Stock Unit ("RSU")."
vest financial
"25% of the RSUs will vest on the one (1) year anniversary of February 20, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
RSU Vesting Commencement Date financial
"on the one (1) year anniversary of February 20, 2026 (the "RSU Vesting Commencement Date")"
FAQ
What insider transaction did BLACKLINE (BL) CEO Ryan Owen report?
Ryan Owen reported receiving a grant of 150,470 shares of BLACKLINE common stock as Restricted Stock Units. The award was a compensation-related grant at a stated price of $0.00 per share, rather than an open-market stock purchase or sale.
How do Ryan Owen’s new BLACKLINE (BL) RSUs vest over time?
The RSUs vest gradually: 25% of the units vest on the one-year anniversary of February 20, 2026. The remaining RSUs then vest in equal 1/16th installments every three months, assuming Ryan Owen continues his service through each scheduled vesting date.
Is the BLACKLINE (BL) CEO’s RSU award an open-market stock purchase?
No, the RSU award is a compensation grant, not an open-market purchase. The Form 4 lists a transaction price of $0.00 per share and classifies the event as a grant or award, meaning the shares were granted by the company rather than bought in the market.
What does the Form 4 transaction code A mean for BLACKLINE (BL)?
Transaction code A on the Form 4 indicates a grant, award, or other acquisition of securities. For BLACKLINE, it shows CEO Ryan Owen acquired 150,470 Restricted Stock Units as part of his compensation, rather than through buying or selling shares in the open market.